
EVEREST ADVISORS CONSULTING SERVICES AGREEMENT
November 11, 2025
David Meniane
Chief Executive Officer Carparts.com, Inc.
2050 W. 190th Street, Suite 400
Torrance, CA 80504
Dear David,
Everest Advisors LLC, a Delaware limited liability company (“Everest”), is pleased that Carparts.com, Inc., a Delaware C-corporation, (the “Company,” “you” or “your”), has selected Everest to provide you with an executive to (1) be named as an officer of the corporation and (2) sign Securities and Exchange Commission (“SEC”) filings as a Principal Financial Officer (together with Exhibit A attached hereto, this “Agreement”). The Services (as defined in below) to be provided by Everest to the Company are more specifically set forth in Section B below and will primarily be performed by an Everest resource acceptable to the Company (the “Resource”). The Services will begin as soon as the Resource has been selected and commenced the engagement with the Company, which date is hereby agreed among the parties to be the effective date of this Agreement (the “Effective Date”).
| 1. | Complete transition from Ryan Lockwood. |
| 2. | Perform CFO activities and manage the Finance and Accounting team. |
| 3. | Complete ASC360 impairment analysis. |
| 4. | Progress the Company’s ABL facility, including pursuing new options for lenders. |
| 5. | Other matters Company deems necessary within scope of CFO office. |
| D. | Fees. Fees for the Services are as follows: |

If the foregoing is in accordance with your understanding, please sign a copy of this Agreement and return it to my attention.
EVEREST ADVISORS LLC
By:/s/ William Koschak Name:William Koschak
Title:Chief Executive Officer
Address: 3334 East Coast Highway #710, Corona Del Mar, CA 92625
CARPARTS.COM, INC.
By:/s/ David Meniane Name:David Meniane
Title:Chief Executive Officer
Address: 2050 W. 190th Street, Suite 400 Torrance, CA 60504
Exhibit A
Everest Advisors LLC Standard Terms and Conditions
This Exhibit A is attached to, and made a part of, that certain Everest Advisors Consulting Services Agreement (the “Agreement”), dated as of November 11, 2025, and made by and between Everest Advisors LLC, a Delaware limited liability company (“Everest”) and Carparts.com, Inc., a Delaware C-corporation (the “Company”). Capitalized terms used but not otherwise defined below shall have the definitions ascribed to them in the Agreement.
| 1. | Payment Terms. Subject in all respects to the terms and conditions of the Agreement: |
All invoices are due upon receipt. Payments to Everest shall be made on the first day of the week via automatic debit from your authorized bank account upon receipt of the invoice from Everest. For the hourly portion of the engagement, Everest will prepare invoices weekly in arrears that are also due on receipt and should be paid via automatic debit. Any amounts not paid when due will be immediately assessed a service charge equal to the lesser of (i) one and one-half percent (1.5%) or
(ii) the maximum amount allowed under applicable law with a similar charge assessed every ensuing thirty (30) day period until such amounts are paid in full.
| 2. | Effective Dates. |
The Agreement will be effective as of the Effective Date.
| 3. | Termination. |
Either party may terminate the Agreement by providing the other party a minimum of five (5) days written notice. Everest will continue to provide, and the Company will continue to pay for, all due and undisputed Services until the effective date of such termination.
Either party may terminate the Agreement immediately upon written notice to the Company if the other party is engaged in or asks such party to engage in or ignore any illegal or unethical activity.
Subject in all respects to the terms and conditions of the Agreement, Everest may terminate the Agreement the Company fails to pay any due and undisputed amounts due to us under the Agreement when due.
In the event that the Resource ceases to be a partner or employee of Everest or becomes incapacitated in a manner that renders the Resource unable to provide materials Services, upon the mutual agreement of the parties, another Everest professional may replace the Resource.
The Company may terminate the Agreement upon written notice to Everest, if Everest materially breaches the Agreement, and such material breach is incapable of cure, or with respect to a material breach capable of cure, Everest does not cure such material breach within thirty (30) days after receipt of written notice of such breach.
| 4. | Independent Contractor. |
| 6. | Annualized Fees. |
For purposes herein, “Annualized Fees” means: (i) the Resource’s annualized base salary and any other guaranteed cash compensation; or (ii) the Resource’s hourly fees times 400 hours, if hired as an independent contractor.
| 7. | Hiring the Resource after Termination of the Agreement. |
If, within the twelve (12) month period following the termination or expiration of the Agreement, Company or any of its subsidiaries or affiliates employs the Resource or engages the Resource as an independent contractor (collectively, the “Retention”), Company will promptly pay Everest a placement fee in an amount equal to thirty percent (30%) of the Annualized Fees within five (5) days of the Retention.
| 8. | Warranties and Disclaimers. |
Everest represents and warrants to the Company that (i) Everest will perform the Services using commercially reasonable efforts in accordance with industry standards for similar services; and
(ii) it has the full right, power, and authority to enter into the Agreement and to perform its obligations hereunder.
The Company hereby represents and warrants to Everest that (i) it has the full right, power, and authority to enter into the Agreement and to perform its obligations hereunder; and (ii) the execution of the Agreement by its representative whose signature is set forth at the end hereof has been duly authorized by all necessary corporate action.
Except as otherwise expressly set forth herein, it is understood that Everest does not have any obligation, contractual or otherwise, to the Company other than to provide the Services using commercially reasonable efforts in accordance with industry standards. Everest disclaims all other representations and warranties, whether express, implied, or statutory, including, but not limited to any warranties of quality, performance, merchantability, or fitness of use or purpose. Without limiting the foregoing, Everest makes no representation or warranty with respect to the Resource or Services provided hereunder other than as set forth above and will not be responsible for any action taken by you in following or declining to follow any of the Resource’s advice or recommendations. The Services provided by Everest and the Resource hereunder are for the sole benefit of the Company and not any third parties. The Services will not constitute an audit, review, opinion, or compilation, or any other type of financial statement reporting or attestation engagement that is subject to the rules of the AICPA or other similar state or national professional bodies or laws and will not result in an opinion or any form of assurance on internal controls. It is incumbent on you to report any unsatisfactory performance of the Resource on a timely basis. If you are unsatisfied with the performance of the Resource, you may terminate the Resource or request a replacement Resource which will be mutually agreed. All services performed up through the first date of unsatisfactory performance by Resource, as indicated in a notice from Company to Everest, will be considered valid and collectible.
| 9. | Limitation of Liability and Indemnity. |
"Losses"), arising out of any third-party claim alleging: (a) material breach or non-fulfillment of any material representation, warranty, or covenant under the Agreement; (b) any grossly negligent or more culpable act or omission of Indemnifying Party or its Personnel (including any reckless or willful misconduct) in connection with the performance of its obligations under the Agreement; or (d) any failure by Indemnifying Party to materially comply with any applicable federal, state, or local laws, regulations, or codes in the performance of its obligations under the Agreement.
| 10. | Governing Law; Arbitration. |
| 11. | Confidentiality. |
or documents belonging to others. Resource shall immediately notify the Company of any information which becomes known to Resource which indicates or suggests that an unauthorized use or disclosure of Confidential Information may have occurred or is likely to occur.
| 12. | Miscellaneous. |
document signed by each party to the Agreement or, in the case of waiver, by the party or parties waiving compliance.